Silver continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, Silver prices are at $ 24.62. Moving averages indicate a bullish trend. Prices have broken up the area between the signal lines, which indicates pressure from the buyers of the asset and a potential continuation of the rise in value from the current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the metal and a test of the resistance level near the…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the ascending channel. Moving averages indicate a short-term bullish trend for the pair. Prices have broken the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the rise in the value of the instrument. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6929. At the moment, we should expect an attempt to continue the…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the beginning of the formation of an inverted “Head and Shoulders” reversal pattern. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9106. Moving averages indicate a short-term bearish trend for the pair. However, prices have broken through the areas between the signal lines upwards, which indicates pressure from buyers and a potential continuation of the rise in the asset value from the current levels. At the moment, we should expect an attempt…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.92. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the US currency and a potential continued growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for November 19, 2020, we should expect an attempt to develop growth and…
BTC/USD are trading at 17675 and continue to move as part of the growth and the ascending channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 330,369,090,316. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, November 19, 2020, we should expect an attempt to develop a downward correction in…
Ethereum are traded at 470.52 and continue to move within the growth and ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 53,704,195,906. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt at a bearish correction in the value of the coin and a test of the support level near the 425.05 area. Where…
LTC/USD are traded at the level of 70.61 and continue to move as part of the growth and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 4,887,820,579. Moving averages indicate a short-term bullish trend for Litecoin. Prices moved up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the…
XRP/USD are trading at 0.2848 and continue to move as part of the correction after a strong growth and an upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $ 13,201,439,037. Moving averages indicate a short-term bullish trend for Ripple. Prices have broken up between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise in the XRP rate in the market already from current levels. At the moment, we should expect an attempt to develop a downward correction of a digital asset…
Stock index S&P 500 continue to move as part of the correction and the formation of another “Triangle” pattern. At the time of the publication of the forecast, the index is trading at 3611. At the moment, we should expect an attempt to develop a correction and test the support level near the 3535 area. Where can we expect a rebound and a continued rise in the S&P 500 quotes to the area above the level of 3805. S&P 500 Forecast and Analysis November 19, 2020 An additional signal in favor of the growth of the stock exchange index quotes…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the downward pattern ”Wolfe Wave”. Moving averages indicate a short-term bullish trend for the pair. Prices bounced back from the area between the signal lines upwards, which indicates pressure from buyers of the European currency and a potential continuation of growth from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1878. As part of the Forex forecast for November 17, 2020, we should expect an attempt at a bullish correction and a test of the…